Konami Expects Profits To Fall 82%

Bad news: In a financial forecast released by Konami for the six months ending September 30, the company predicts its profits will have dropped 82%. Ow.

Konami is expecting to collect around 1.26 billion US in revenue, down 22.5 per cent on the same period in 2008, while net income is expected to come in at 24.3 million, down from 132 million.

Konami feels the loss in profits is mainly due to the fact that the company released Metal Gear Solid 4: Guns of the Patriots last year, and this year, it did not release Metal Gear Solid 4: Guns of the Patriots. If you pirated any Konami products over the last six months, you are part of the problem, and I demand you turn yourself in to the proper authorities at once.